With so many things to juggle in a small business, it is all too easy to be immersed in your day-to-day operations and neglect the big picture. As you plan for one year, five years, or even a decade from now, it is important to keep up with your finances.

In this guide, we will cover the Income Statement, Balance Sheet, and Cash Flow Statement as well as the key accounting formulas to help you evaluate your key performance indicators (KPIs) and gain insight into the financial health of your small business.